Trent Share Price Target Forecast 2022, 2023, 2025, 2030

22 DECEMBER 2021

Edelweiss Securities recommends Trent with a target price of Rs 1198.

Trent is a positive stock, with Edelweiss Securities recommending a buy rating and a target price of Rs 1198 in a research report dated December 21, 2021.

Mr. P Venkatesalu, Trent’s CEO, was one of the people we spoke with. Highlights: I Zudio as a format has reached a point of stability, and the firm is planning an aggressive ramp-up (highlighted at AGM too). ii) Westside’s internet approach will be powered by Tata Cliq, its own website and app (which is now under development), and Tata’s super app. There are currently no plans to launch on marketplaces. iii) Targeting food ramp-up after determining the best model for Star Bazaar. The expansion of Booker will take use of Star’s network.

Outlook

Trent has demonstrated Zudio’s viability, and we anticipate it to drive the company’s next phase of development. We keep our target multiple of INR1,198 and our target price unchanged. The main threats for Zudio are poor store economics and e-commerce. ‘BUY’ should be kept in mind.

Moneycontrol.com is the source for this information.


NOVEMBER 5, 2021

ICICI Direct: Trent Share Price Target 2022; Buy For Rs 1330

ICICI Direct is bullish on Trent, with a buy rating and a target price of Rs 1330 in a research report dated November 3, 2021.

Trent is India’s largest retailer, having 400+ locations and a presence in a variety of consumer sectors. Trent is one of the fastest growing businesses in our retail coverage universe, thanks to the intrinsic power of its brands (Westside, Judio, Star, Zara) and rapid store openings.

Because it focuses exclusively on selling private label items, Westside’ (75 percent of income) has proven to be one of the most lucrative business strategies (EBITDA margin: 11 percent , consistent SSSG: 8-9 percent ). Trent’s next stage of growth continues to be sales), a bargain fashion brand (Revenue CAGR: 50 percent FY18-21)

Outlook

Trent will continue to command premium values thanks to strong performance in difficult circumstances and industry-leading performance. As a result, we keep our BUY recommendation on the stock. Based on SOTP assessment, we value the Trent at Rs 1330.

Moneycontrol.com is the source for this information.


06 JULY 2021

Sharekhan: Trent Share Price Target 2022; Buy For Rs 1018

In its research report dated July 5, 2021, Sharekhan is bullish on Trent, recommending a buy rating on the company with a target price of Rs 1018.

COVID-19, like its colleagues, wreaked havoc on Trent’s finances in FY21. However, the corporation concentrated on 1) ongoing retail expansion (71 new locations) and 2) cost reduction (18.6 percent and 11 percent decline in employee and rental costs, respectively). Zoodio, the company’s value brand, has recovered Rs. 480 crores in pre-COVID revenues through comparable sales.

Due to cost-cutting measures, the cooperation with the hypermarket subsidiary and Zara experienced a reduction in operational losses. Working capital cycle reduced to 17 days; operating cash flow of Rs. 413 crores The firm has a healthy liquidity position of Rs. 700 crores at the end of FY21, which would be used to fund future retail growth.

Outlook

Trent is still a Buy, with a revised price objective of Rs. 1,018. It is a great investment bet in the branded retail industry because of its solid liquidity position, continuing store openings, and distinctive business style.

Moneycontrol.com is the source for this information.


Disclaimer: The views and investment tips expressed by investment expert on Stockconsultantbihar.com are Sourced From Brokerage Firms Research Reports & Market Experts Opinion. We advises users to consult your investment advisor before taking any decisions. Our Website Contain Demat Account & Algo Trading affliate Link. If You’ll Register Through Our Link We May Get Profit.

Also Read:

We will be happy to hear your thoughts

Leave a reply

Stock Consultant Bihar
Logo